Investors
Trintech Reports Second Quarter and First Half Fiscal Year 2011 Financial Results
Highlights from Second Quarter and First Half Fiscal Year 2011
Trintech increased EBITDA net income by 10% to $1.5 million for the second quarter of fiscal year 2011, and by 17% to $2.5 million for H1 FY11 compared to the same period on the prior year.
- Revenues of $9.1 million, adjusted EBITDA net income of $1.5 million and net income of $1.0m for the second quarter from continuing operations.
- Net income from continuing and discontinued operations of $1.1 million for Q2 FY11, including a gain from discontinued operations of $50,000.
- Revenues of $17.6 million, adjusted EBITDA net income of $2.5 million and net income of $1.5 million for the six months ended July 31, 2010.
- Net income from continuing and discontinued operations of $23.4 million for H1 FY11, including a gain on sale of discontinued operations of $21.8 million.
- Total assets of $77.8 million.
- Shareholders’ equity of $65.0 million.
- Cash reserves of $48.9 million.
Please refer to our detailed press release which explains these numbers in more detail and outlines the future direction and growth potential of Trintech Group.
